Over 500 people, diplomats and Jewish community leaders from across North America, came together Wednesday evening to celebrate 70 years of Israeli innovation at United Nations Headquarters in New York.
Since its deployment, the system has intercepted more than 1,700 missiles and rockets fired at Israel, almost all from Gaza. The system registered a 90 percent success rate in the 2014 Gaza war.
"Spaceek" has run a pilot test that placed sensors on parking places and let drivers find the empty spots through an app.
Likud supporter and supermarket chain mogul Rami Levi has been named one of the torch-lighters in the traditional ceremony on the evening of Yom Ha'Atzmaut (Independence Day) this year. His chain is the only major supermarket with several outlets in Judea and Samaria and is known for low prices and sales campaigns such as "shekel a kilogram" […]
80% of Israelis have WhatsApp, and 70% believe they can't live without the app.
Israel and Israelis play an important role in Google.
Prime Minister Binyamin Netanyahu will travel Wednesday to the 2014 World Economic Forum in Davos, where he will deliver an address under the heading "Israel – Innovation Nation,” with an emphasis on the cyber industry. He also will attend the IT session, in the presence of Cisco CEO John Chambers, and a cyber session that […]
By Shalom Bear
In their eagerness to catch a few cheating taxi drivers, did the Tax Authority destroy the reputation of a promising Israeli start-up?
By JTA
Israel’s antitrust regulatory commission is investigating whether the Google-Waze merger constitutes a monopoly. The Israel Antitrust Authority opened its investigation on Wednesday, the Israeli business daily Globes reported. The probe will focus on whether Google’s purchase of Waze, a free downloadable navigation application with more than 50 million subscribers, should have obtained permission from the […]
A Chinese fund, bankrolled by the country’s richest man, is donating $130 million Technion University in a joint venture between the Haifa-based university and Shantou University (STU) to build a new academic facility in Guangdong Province. The contribution from the Li Ka Shing Foundation is the largest in Technion’s history and one of the largest […]
Israel often can be seen with two cell phones, one in each ear. Smartphones have been around in Israel only since 2009 but already are in most Israeli’s hands. No wonder Waze was made in Israel
Google out-navigates Facebook. Google will pay $1.3 billion for Waze. Coming on top of $2 billion purchase of Iscar, and rumors of SodaStream next in line, Big Business is far from boycotting Israel.
Israel’s Waze user-based social mapping and navigation startup seems to be too Zionist for Facebook, which has been trying to pay up to $1 billion for the company. Facebook reportedly insists that the Waze management team re-locate to California from Israel, a condition that money can’t buy, at least not yet, according to the AllThingsD […]
With the deal Facebook and Waze not yet closed, Google has reportedly jumped into the fray, making a play for the Israeli start-up company, who's opening bid is at $1 billion dollars. There's another alternative also on the table now, Waze turns down both giants, keeps its independence, and raises money with another round of venture […]
By Moshe Herman
Yishai and Malkah discuss Facebook's purchase of Israeli app Waze and the potential ramifications of the acquisition.
Israel’s Waze user-run navigation service easily beat out Google’s app Tuesday night when the Israel Electric Corp. closed down the high-speed Ayalon Highway that runs through Tel Aviv. Drivers using the Google app, which uses Android devices that broadcast information of traffic, found themselves being directed to the Ayalon even though it was closed, the […]
Bank of Israel Governor Stanley Fischer announced on Monday a surprise cut the prime interest rate as part of his battle to fight the appreciation of the shekel and help the economy to keep growing. The financial markets responded with the shekel-dollar rate rising more than 1.5 percent to the level of 3.61 shekels to […]
Waze and Facebook have reached an impasse in their negotiations, but not over whether Facebook will buy Waze for 700 million dollars, or a clean billion, but over Israel, according to the Israeli site Telecom News. Facebook wants to close down Waze's Raanana office, and transfer some of the developers to the U.S. While the […]
Israeli technologies, shared with the U.S. industry, have enhanced the U.S. employment, research & development and exports.
Waze may be Facebook’s third purchase in Israel, not for the Waze maps but for the traffic it can generate through Facebook, at Google’s expense. But the buyout is far from certain.